(Source: m.rediff.com) Suddenly, there are drones everywhere in the Indian sky. It is already being touted as the next big opportunity after e-commerce. Amazon, the online retailer, has said it plans to experiment with drones to deliver packages in the country. Home-grown e-retailer Jabong actually delivered a packet of apparel and shoes using a drone. Francesco’s … [Read more...] about India’s Drone Boom: The Next Big Opportunity After e-Commerce
Amazon
Two More Companies Jump Into Drone Delivery
While Amazon tries to figure out where to test its highly publicized Prime Air drone delivery service so it can change the way we receive handheld electronics, other companies are trying to use drones to deliver other services. Zookal is flying rented text books to university students in Australia, DHL is flying medication to patients in Germany, and last week, a video made its … [Read more...] about Two More Companies Jump Into Drone Delivery
Drones Could Fly High, Thanks to a New $2.2B Fund
(Source: upstart.bizjournals.com) For all the hype, drone development is pretty slow going. But a D.C.-based investment banking firm hopes to give it a boost with $2.2 billion in funding from the private sector, most notably the aerospace industry. The fund, dubbed the UAS America Fund, is the latest effort by Nexa Capital Partners LLC to encourage transformative … [Read more...] about Drones Could Fly High, Thanks to a New $2.2B Fund
Drone Technology Investments: Place Your Bets…
(Source: Forbes) Early Bets Are On The Table The drone industry start-up and emergent technology bets will shake out into three areas. In the analogy of a good old-fashioned game of poker, here are the hands currently in play: Bet #1: Package and cargo delivery: Royal Flush—for the house. Bet #2: Aerial observation and imaging: Pair of eights Bet #3: Enabling … [Read more...] about Drone Technology Investments: Place Your Bets…
Civilian Drones Banned in India
(Source: indiatoday.intoday.in) India is one the few places on the planet where civilian drones can be legally used. That said, with many commercial organisations planning to use drones, the Directorate General of Civil Aviation (DGCA) has announced that till proper rules and regulations are formulated use of drones in India is illegal reports DNA India. The report … [Read more...] about Civilian Drones Banned in India